uAvionix has closed a USD5 million Series A investment, led by Playground Global, a venture capital firm based in Silicon Valley.
Playground was founded by Andy Rubin, Bruce Leak, Matt Hershenson, and Peter Barrett to partner with companies building hardware and software systems that instrument and augment the physical world. The investment will be used to further accelerate the development and commercialization of uAvionix´s groundbreaking avionics system.
Previous ADS-B hardware was too large and expensive for use in small drones. The issue has been discussed widely due to the increasing incidence of drone/airliner “near misses.”
The new uAvionix “pingRX” is the smallest and most affordable ADS-B receiver available for commercial and consumer drones. This hardware allows both manned and unmanned aircraft to track each other´s movement and avoid potential conflicts.
uAvionix develops the world´s smallest, lightest and most affordable family of ADS-B transponders, receivers and navigation tools. uAvionix´ Ping network system combines hardware, software, and real time airspace mapping to enable companies to safely and reliably operate drones in the NAS. Founded in 2015, Palo Alto based uAvionix has gathered a cross-disciplinary team of experts in embedded RF engineering, sUAS operations and compliance, hardware, software, and cloud services.